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Analysis: 7 trillion money market fund reserves or drive the crypto market to usher in the next round of growth
September 9th news, according to the Institute of Investment Companies (ICI) data, as of September 3rd week, the total assets of US money market funds increased by 52.37 billion dollars, reaching a record high of 7.26 trillion dollars. Analysts believe that this huge amount of money may push bitcoin and other counterfeit products to usher in the next round of gains. David Duong, head of institutional research at Coinbase, said that as the Federal Reserve further cuts interest rates, retail money...
2025-09-09 06:29:45
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